The Dead Sea Mall is to be the first VAT-free mall outside Eilat
For the first time in Israel (other than Eilat) – a VAT-exempt mall for everyone.
For the millions of tourists visiting the Dead Sea – and now also for Israeli vacationers. Foreign tourists will now benefit both from exemption from VAT and from reimbursement of VAT – an unprecedented bonus in Israel.
As of Sunday April 7, 2019, the Dead Sea Mall will become a VAT-free mall also for Israelis, enabling all vacationers in the Dead Sea region and the south to enjoy the VAT revolution and the lowest prices in Israel for brands such as Boss, Pandora, Armani Exchange, Tommy Hilfiger, Calvin Klein, and other luxury brands.
When the project gets underway, for the first time in Israel the mall will offer a VAT reimbursement counter for tourists, to allow some 3 million tourists who visit the Dead Sea each year to save time at Ben Gurion Airport and receive reimbursement at the special counter.
As of April 4, 2019, Barclays is initiating a financial subsidy for foreign residents and Israelis alike, creating equality and uniformity among the shopping public, who will all benefit from a discount in the amount of the VAT when buying goods at the Dead Sea Mall.
Adv. Hagai Adoram, representing Barclays, developer of the Dead Sea Mall: “The company has already initiated the unique, first of its kind step in Israel of setting up a VAT reimbursement counter for tourists in Israel.
Now it is continuing along the same path and has introduced a much larger-scale (subsidized) measure – a ‘VAT-free mall for everyone’. Both tourists and Israeli vacationers will now be exempt from paying the VAT component when shopping in the Dead Sea Mall.
In fact, this will be the first mall in Israel outside Eilat where shopping will be VAT-free.
The Dead Sea Mall is one of the most original and prestigious commercial projects ever carried out in Israel. It is built on 15,000 m², with two commercial floors and around 100 stores.
The mall was built at an investment of NIS 3 million. Beyond the outstanding architecture and the environmental attractions that come together in the mall, a particularly exclusive mix of tenants has been chosen in order to meet the needs of over 2.7 million people, more than half of them tourists from abroad, who visit the Dead Sea each year – one of the eight wonders of the world.